India’s data centre industry is experiencing an unprecedented boom, driven by the adoption of artificial intelligence (AI), 5G networks, and cloud computing. With investments in the sector expected to reach $10 billion by 2026, the country is rapidly becoming a global hub for data-driven
The Ministry of Coal finalized agreements with the successful bidders for three coal blocks on November 22, 2024. This milestone contributes to the ongoing success of India’s commercial coal mining initiative, launched by Prime Minister Narendra Modi. To date, 104 coal blocks have been successfully auctioned under this initiative, with the latest agreements covering fully
The International Criminal Court (ICC) has issued an arrest warrant against Israeli Prime Minister Benjamin Netanyahu, accusing him of alleged war crimes in Gaza. This unprecedented move has led to sharp divisions among world leaders, with some applauding the decision as a step towards justice, while others view it as politically motivated. Allegations Against Netanyahu
The United States Securities and Exchange Commission (SEC) has accused Gautam Adani of offering bribes to secure solar power procurement deals, particularly through discussions with Andhra Pradesh Chief Minister Jagan Mohan Reddy in August 2021. These claims, part of the SEC’s court filings, allege Adani sought to address the state’s hesitancy to finalize agreements
North Korean leader Kim Jong Un has accused the United States of escalating tensions on the Korean peninsula to unprecedented levels, claiming the region faces the gravest risk of nuclear war in history. His remarks were delivered during a military exhibition in Pyongyang on Thursday, as reported by state media outlet KCNA. “Unchanging Aggression” From […]
The Ministry of Electronics and IT has announced that Tata Semiconductor Assembly and Test Pvt Ltd’s Rs 27,000 crore semiconductor manufacturing plant in Morigaon, Assam, is on track to be completed by mid-2025. The facility is expected to revolutionize India’s semiconductor ecosystem with its ability to produce up to 48 million chips daily, leveraging advanced […]
Swiggy shares dipped into red on Thursday after an initial surge in the early trade. This comes just a day after the food delivery giant made an impressive market debut, with shares rising nearly 7% intraday before slipping to Rs 450.25 on the NSE, down 1.26% at 10:30 am. Swiggy’s stock debuted on Wednesday at […]
Reliance Jio, one of India’s leading telecom operators, experienced a significant user loss of over 10.9 million in the second quarter, following a recent increase in recharge plan prices. The company raised its tariff rates, which resulted in a noticeable decline in its customer base. Despite this setback, Jio appears untroubled by the exodus, as […]
The Adani Group is set to make a significant move into semiconductor manufacturing with an initial investment of $3 billion over the next 2-3 years, according to a report by Mint on October 16. The Gautam Adani-led conglomerate is reportedly in talks with two Israeli companies to establish separate joint ventures for chip production, signaling […]
The Union Government of India has approved three innovative pilot projects aimed at incorporating hydrogen into steel production under the National Green Hydrogen Mission. These projects mark a significant step towards decarbonizing India’s steel sector, one of the most carbon-intensive industries. Green Hydrogen in Steel Production As part of the mission, the